Skip to main content

Jeremy Corbyn should prepare the Labour Party for a fierce battle with the neoliberal regime


Jeremy Corbyn's speech at the end of the recent Labor Party conference was on the right direction. Corbyn mentioned all the necessary steps that need to be taken so that one of the motherlands of ruthless neoliberalism change course, away from the destructive policies dictated by the neoliberal doctrine.

Leo Panitch, scholar and Professor Emeritus of Political Science at York University spoke to Sharmini Peries and The Real News, pointing that Corbyn's speech was "full of confidence":

           It was a great speech. full of confidence. When he was first surprisingly elected leader just over two years ago, he wasn't used to being in the limelight in that way, and his speech was often halting. But he's a conviction politician and now that he has the wind behind him and he has strong evidence that his message is in fact shifting the ground of British politics, he is full of confidence. It was a brilliant speech. He made a number of speeches like that, which were televised, at the beginning of the election campaign and that had an electrifying effect on the campaign.

           He only mentioned in passing what had been stressed earlier in the week by other shadow ministers. But the most important of which is a public investment bank, a national one, supplemented by regional investment banks where the public sector, the government, would take the lead in investment. Addressing the fact that everywhere since the 2008 crisis, there's been a recovery of profits but not a recovery of investment. He says that a Labor government will take the lead in that. He also says that they will re-nationalize some key industries: railway, water. energy. Moreover, that many public services that were expanded through the public sector, through what is known as Private Finance Initiatives, the equivalent of PPPs in North America, will be clawed back. They've been inefficiently developed. This is hospitals, this is the NHS, this is schools, etc.

Yet, Panitch warned:

           That's the centerpiece of it, it's not socialism. Those of us who wish Corbyn the best should not put ourselves in the position of imagining it's going to be easy. The reaction, even though it's not socialism, from the Confederation of British Industry, from the City, from the banks, have already been, "Oh my god. This is going to undermine private enterprise," It's far from that, but they will face enormous opposition. We shouldn't put the kind of emphasis on what they can immediately achieve that would lead us to then be disappointed in a way we were when SYRIZA was elected in Greece. We need to realize their limitations, and when he says, "We're ready", you just had him quoted as saying, "We're ready for government", they're not ready. Who could be ready to take on the kind of powers that be? They haven't built yet, although they, as he said, massively shifted the center ground of British politics. That was the most important element of his speech. He isn't yet ready. They haven't built the base in the labor party, branches in the trade unions, to win the kind of support from people when, if I can use the expression,” the crap will hit the fan,” when all of the opposition to even these relatively moderate attempts to increase the state's public sector role in the economy, will be opposed by both foreign and domestic capital.


Indeed, Corbyn should take a lesson of what happened in Greece with Tsipras and SYRIZA. They went with good will to the negotiations with Greece's creditors and suffered a heavy defeat. Greece paid a huge price as became a debt colony in the hands of the corporate neo-colonialists.

For four decades, the neoliberal regime has taken over governments, institutions, minds. It is a powerful establishment that seeks to drive Europe into the new Feudalism. To overthrow such a powerful regime one needs a good strategy and determination.

Angela Merkel is now the main carrier of the neoliberal mission in Europe. Although she lost significant power in the latest elections, she has the opportunity to build the necessary coalitions in order to finish the job in her last term in power.

Corbyn should take advantage of Brexit to drive the UK to the opposite direction. While the Brussels-Berlin axis will seek to implement all the conditions of the Greek experiment inside the EU, the Labour party under Corbyn could become an example against this dark future. While Tsipras suffered a heavy defeat as went unprepared in the battle with the ruthless neoliberal priesthood, Corbyn should go to the battle with the neoliberal regime after a good preparation and a well-constructed plan.

This means that the Labour Party should build strong alliances inside the UK, especially with workers' unions and small-medium businesses. The Party should start a well-organized campaign across the country to make all the workers unite against the neoliberal agenda of the Tories. Corbyn should speak to the small-medium business owners to make them realize that the neoliberal model is their enemy as it only benefits the big multinational monsters against the small-medium sector.

However, one of the first and most important moves that Corbyn should do after his election is to nationalize central bank. The global financial mafia inside and outside the UK will find very difficult to fight any government that fully controls the central bank, and therefore, the money supply and circulation. A public investment bank that would lead public investments, as Corbyn mentioned, is very important, but not enough.

Of course, you never announce openly that you are planning to make such a crucial move because the criminal financial syndicate will finish you before you even start. In any case, Jeremy Corbyn should prepare the Labour Party for a fierce battle with the neoliberal regime.

Read also:

Comments

  1. Anonymous29/9/17 11:39

    If Jeremy Corbyn is elected as UK Prime Minister, will the last person to leave the country please turn off the lights?

    ReplyDelete
    Replies
    1. I doubt the lights will be on by then, no one would have any money to pay for their electricity bill, or anything else for that matter.

      Delete
  2. As we see from the above comment, too many have already bought into the rightwing view of the world.

    They see clearly the inequity, but are persuaded, by the very same beneficiaries of those inequities who own the press, that their is no other option.

    For decades the press has pushed the electorate further and further right. Our only real hope are youngsters, who see Labour's ideas as exciting and possible. Not the tired and weary older generation who are afraid for what they have worked hard to acquire and have been convinced will be at risk if we move to the left.

    Our generation made this mess and we seem very reluctant to let it go, time to get out of the way and let the next generation apply a little hope to the situation or face a future of perpetual austerity and inequality...

    ReplyDelete
    Replies
    1. The belief that everyone is is equal and should have the same amount of money is reminiscent of "animal farm", and they found out it didn't work either.

      Taxing the rich was tried in the 60's and 70's and led to a flight of capital and the rich.

      In short, if you are rich enough, tax is optional and voluntary, you only have to look at Jensen Button and Lewis Hamilton amongst others that live in Monaco mainly for tax reasons.

      Companies (large corporations) have the same choice, and many relocate to Ireland (CT rate 12.5%) and Luxembourg (CT rate 11%)

      To believe you van simply tax the rich and corporations to death is pure fantasy economics.

      If McDonnell has admitted his policies will cause a run on the £, the flight of capital and companies and yet people such as yourself won't accept that more state spending requires taxes to be raised on lower and middle income people, the sad fact is they are for the most part stuck here.

      Nice try, but no cigar.

      Delete
  3. Those policies were all tried in the 1970s and all failed. Its why we became the sick man of Europe. There may be a good argument for tighter control over natural monopolies such as Water, power etc. But state investment in a mature economy is unlikely to work. Better to put more into basic science and especially education and training so people can take part in the future world.

    They talked of taxing robots, but that is taxing innovation. encourage robot and A development and deal with any consequences later when we really know what they will be. Otherwise we will just be a backwater where even more peopel end up in dead end low paid jobs or begging in the streets.

    ReplyDelete
    Replies
    1. "Those policies were all tried in the 1970s". No. 70s mark the start of the neoliberal doctrine domination that brought us into this situation today: financial crises, fraud, growing inequality, unemployment, bubble economies, poverty, etc.

      Delete

Post a Comment

Popular posts from this blog

WikiLeaks paper reveals Congressional think tank specific techniques for 'persuading' audiences

This document was obtained by WikiLeaks from the United States Congressional Research Service. The CRS is a Congressional "think tank" with a staff of around 700. Reports are commissioned by members of Congress on topics relevant to current political events. Despite CRS costs to the tax payer of over $100M a year, its electronic archives are, as a matter of policy, not made available to the public. Individual members of Congress will release specific CRS reports if they believe it to assist them politically, but CRS archives as a whole are firewalled from public access. This report was obtained by WikiLeaks staff from CRS computers accessible only from Congressional offices.
globinfo freexchange
A report from April 12, 2007, was "Prepared primarily for congressional staff members called upon to help prepare speeches for Members,” and “provides basic guidance on obtaining speech material, using it to prepare a speech draft, and presentation.”, as we read in the abstract. …

Mystery solved: here's why the Western mainstream media suddenly 'discovered' the war in Yemen

globinfo freexchange
Why it took so long for the Western mainstream media to 'discover' the war in Yemen and the war crimes committed by the Saudi coalition in full co-operation with the US?
One might think that the humanitarian disaster there - caused also by the blockade of goods for the relief of the civilians - has become so obvious, condemned multiple times by the UN, that the media finally forced to speak about it.
In previous article we attempted to explain the 'unexplained phenomenon' and the fact that CNN surprisingly returned to the issue to openly condemn the US support to the Saudi coalition atrocities against civilians in Yemen.
Yet, despite that the Saudi regimes have been, traditionally, the best allies of the Western neocolonialists, this time, the US had serious reasons to overthrow the Saudi crown prince Mohammed bin Salman (MBS). And, surprisingly enough, at the center of this underground conflict lies an attempt by the US to privatize Aramco, Saudi Arab…

The Snowden files: NSA's plans for a hundred percent coverage of every square inch of the planet

NSA wants to take its battlefield targeting alert system that they used to kill people in Iraq and in other war zones and implement it globally, so that they can target anybody anywhere.
globinfo freexchange
Suzie Dawson, asylum-seeking journalist and current President of the Internet Party of New Zealand, is being targeted by New Zealand intelligence agencies as a result of her activism in the Occupy movement and against the TPP, among other causes.
Dawson spoke with Jimmy Dore and made some astonishing revelations coming from Edward Snowden that were very little known. Here are the most impressive:
According to the NSA, it takes a whole village for them to spy on the UN. That's a direct quote they worked with the State Department and the CIA to spy on and monitor and infiltrate the United Nations.
The NSA was literally planning a system of global control. They refer to it in their documents as the global network and they want that spying network to cover the entire globe. They actua…

Recent US elections confirmed that progressives will have to fight two monsters at once: Donald Trump and corporate Democrats

failed evolution
Nancy Pelosi's speech after Democrats took the House in recent US elections was not just a huge disappointment. Many progressives became furious about her empty speech, which was full of the most obsolete political generalities and cliches.
But it was not just that Pelosi didn't want to committ that Democrats will fight for specific issues - in favor of the vast majority of Americans - that returned in the political debate by Bernie Sanders and the progressive movement.
She actually 'gave the finger' to the progressives straight and clear.
If you don't believe it, just check her own words: “... we will strive for bipartisanship. [...] we have a bipartisan marketplace of ideas that makes our democracy strong ...
Translation: ‘We will do business as usual. The bipartisan dictatorship will remain strong and under the control of the plutocratic elite. Nothing will change, don't bother.
That's all you need to know.
Here is another evidence that the c…

The establishment apparatus fabricates another poll to 'adjust' popular preference in favor of Joe Biden, against Bernie Sanders

globinfo freexchange
In late August, we identified an effort by Politico (rather sloppy), to present Joe Biden as the most suitable leader for the Democratic party, based on the fact that he could beat Donald Trump.
The sloppiness of the effort was proved by the way in which Biden was promoted against Bernie Sanders, despite that the latest was beating Trump with the same percentage, according to Politico's poll.
It was CNN that came now with another poll to contribute to this pro-Biden operation and actually verify the title of our article back then. That is, corporate Democrats will promote Joe Biden against Bernie Sanders. Indeed, as usatoday reports:
           Former Vice President Joe Biden holds a wide lead over the other potential candidates to challenge President Donald Trump in 2020, a CNN survey found. About a third of respondents named Biden as their choice to carry the Democratic banner in the next presidential election (33 percent), while Vermont Sen. Bernie Sanders cam…

Liberal plutocrats preparing ground to wipe out progressives and directly take over the Democratic party in US

globinfo freexchange
Through his own humorous style, comedian Lee Camp pointed out something quite serious. As he explained, Facebook's founder and CEO, Mark Zuckerberg, fulfilled all the conditions necessary to run for president of the United States.
One key condition is certain and obvious: tons of money.
Another one, is to pretend to be religious. And this condition is, of course, particularly important in the America of Donald Trump. Indeed, as Camp says, the former Atheist Mark Zuckerberg has suddenly found religion.
And the most recent fulfilled condition by Facebook's boss, was to secure the alliance with the US deep state.
Indeed, on October 11, Facebook announced the removal of 559 pages and 251 accounts from its service, accusing the account holders of “spam and coordinated inauthentic behavior.” The primary thread connecting victims of the purge seems to be that they are critics and/or opponents of the American political “mainstream” or “establishment.”
Also, as Ben Nort…

Major cheerleader of the Iraq war says entire Arab world is completely dysfunctional!

globinfo freexchange
           I got news for you. The entire Arab world is dysfunctional right now. Completely dysfunctional. And I think it has the potential to be a giant Yemen. A giant human disaster area.
Guess who said that, and most importantly, why he said it:

For a moment we thought that a miracle was about to happen. We thought that Thomas Friedman would become one of the few exceptions that would declare regret for supporting the Iraq war, in a self-criticism short 'crisis'. You know, the war that was based on big lies and opened Pandora's box for the Middle East chaos. But no. It was too good to be true.
As Ben Norton of the Real News explains:
For the past two years, many leading pundits have been portraying Mohammed bin Salman (MBS) as essentially the savior of the Middle East, if not of the world. Thomas Friedman is probably the most egregious example. But Thomas Friedman is a powerful New York Times columnist, a so-called expert on the Middle East. And he, of c…

George Soros tried to get rid of Yanis Varoufakis because the neoliberal regime could not handle Greece and Ukraine simultaneously

globinfo freexchange
In a recent interview at the Greek channel, Crete TV, the former Greek Minister of Finance, Yanis Varoufakis, made some interesting revelations. Among other things, he actually confirmed what the blog thought until now to be an exaggerated far-right conspiracy theory. He essentially confirmed that George Soros intervenes directly to political leaderships, substituting political institutions in Europe and elsewhere.
Varoufakis said that, on June, 2015, George Soros tried to contact Alexis Tsipras via his own ‘channels’. In the interview, Varoufakis claims that he had no idea what Soros wanted to talk about.
As Varoufakis also writes in his book Adults in the Room: My Battle with Europe's Deep Establishment, for years he has been falsely portrayed by the pro-troika establishment and the anti-Semitic Right as Soros’s stooge in Greece.
Yet, Soros’s message to the Greek prime minister, Alexis Tsipras, came as a perverse vindication. ‘Fire Varoufakis! Europe cannot affo…

New poll gives evidence that the establishment upgrades the identity-politics weapon to crush Bernie Sanders and his progressive movement

globinfo freexchange
Another suspicious poll came out to promote various establishment options against Bernie Sanders. As the Hill reports:
President Trump trails Michelle Obama, Oprah and Sen. Kamala Harris (D-Calif.) by double digits in potential 2020 presidential races, according to a new poll.
Trump also trails several other female candidates in potential races, although by slimmer margins, the Axios poll conducted by SurveyMonkey found.
The poll shows Trump trailing by 13 points to Obama among registered voters polled, by 12 points to Oprah and by 10 points to Harris. He's also down by 9 point to Sen. Amy Klobuchar (D-Minn.) among registered voters surveyed, by 6 points to Sen. Kirsten Gillibrand (D-N.Y.) and by 5 points to his 2016 opponent, Hillary Clinton.
The closest race would be between Trump and Sen. Elizabeth Warren (D-Mass.), the poll found. Warren has a 2-point lead among registered voters, according to the poll.
The poll includ…

The real reason the knives are out for Mohammed bin Salman

In the six weeks before Khashoggi’s disappearance, MBS not only managed to anger the U.S. military-industrial complex but the world’s most powerful bankers.
by Whitney Webb
Part 4 - Trouble in neoliberal paradise
While it is impossible to know MBS’ exact reason for getting cold feet in his once-ambitious plans to privatize the kingdom, we can guess. Indeed, there is a reason that MBS’ elders in the Saudi Royal family have long rejected neoliberal reforms and the mass privatization of their economy.
A 2016 report from Foreign Policy succinctly states why past Saudi Royals have avoided “free-market reforms” as the older generations of the House of Saud “understand the fragility of a monarchy whose brittle pillars rest on the quiescence of conservative clerics and a merchant class hostile to the free-market reforms that will undercut their privileges.” However, far more Saudis than just the “merchant class” have grown accustomed to the largesse of the Saudi state, as the majority of Saudi c…